Benzinga | Aug 5, 2020 12:14PM EDT

A Preview Of Bonanza Creek Energy's Earnings

Bonanza Creek Energy (NYSE:BCEI) releases its next round of earnings this Thursday, August 06. Here's Benzinga's essential guide to Bonanza Creek Energy's Q2 earnings report.

Earnings and Revenue

Analysts predict Bonanza Creek Energy will report earnings of $0.54 per share on revenue of $48.81 million. In the same quarter last year, Bonanza Creek Energy posted EPS of $1.620 on sales of $85.78 million. Analysts estimate this would represent a 66.67% decrease in the company's earnings. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 1.06 1.28 1.40 1.58EPS Actual 1.02 0.28 1.42 1.62Revenue Estimate 66.87 M 78.78 M 85.08 M 85.02 MRevenue Actual 60.41 M 79.67 M 75.18 M 85.78 M

Stock Performance

Over the last 52-week period, shares are down 16.21%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Bonanza Creek Energy is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/exe9gvjd